As part of the Finance, supervising and providing support to CFO in managing Receivables, credit risk, collections as per policy, Insurance & Enterprise Risk Management
Summary of the Job Role:
To manage all credit risk related activities (O2C), DSO, Overdue, IFRS 9 -ECL, Credit Evaluation & Ad hoc Reports.
To supervise & verify accounting transaction to achieve business goals.
To manage ERM process & Quarterly presentation.
Review and recommend credit limit and payment term.
To manage Insurance policy and claims process
Key Deliverables:
Analyze the financial risk associated with various customers and evaluate the creditworthiness of their potential customers
Assist in attending to audit requirements.
Maintain Book of Accounts as per accounting standard on a day to day basis.
Oversee and assign tasks to the team members.
Supervise and assist in interfacing on credit risk and accounts receivables management,
Manage interfacing with the commercial team for the credit risk, collections, etc.
Perform full cycle of Enterprise Risk Management framework on a quarterly basis and present to stakeholders.
Coordinate for preparing monthly, quarterly accounts receivables and credit risk reports and onward submission to the relevant authorities.
Ensure time bound reporting to management and other financial institutions as required.
Output VAT
Improve DSO, Bad Debts
Improve Credit risk ratio and coverage
RequirementsQualifications:
MBA Finance / M. Com
Graduate in finance/accounting.
Bachelor’s degree in accounting/Commerce essential.
Certification in Credit Management & ERM is added advantage.
Skills/Knowledge:
Credit Management
Risk Management (ERM)
Insurance Management
Inter personnel skills. Accounting skills. (IFRS 9 & ECL Model)
Negotiation skills.
Inter personnel skills.
Business Relationship building skills.
Good communication skills (Verbal & Written).
Computer skills (SAP, Power BI, Advance Excel & MS Office).
Ability to prioritize tasks.
Time management skills.
Good functional knowledge about Finance & Accounting.
Experience:
10+ years of experience in Credit Risk & Risk Management (ERM) role and minimum 2 years as a managerial position.
Business Understanding:
Knowledge about accounting principles.
Expected salary:
Location: Muscat
Job date: Wed, 22 Jan 2025 04:48:51 GMT
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